Mr. C. Howie Honeyman reports

FORWARD WATER TECHNOLOGIES CORP. ANNOUNCES SUCCESSFUL COMPLETION OF A PRELIMINARY TECHNOLOGY EVALUATION CONTRACT

Forward Water Technologies Corp. has completed a client-sponsored waste water treatment demonstration project. Forward designed and implemented a treatment process that incorporated its proprietary iFO forward osmosis process and achieved over 97-per-cent recovery of water meeting or exceeding reuse quality metrics and at exceptionally low power consumption rates compared with that use of conventional thermal evaporation.

The client, a Fortune 500 company, has a specific desire to make a contentious improvement in water usage across its global operations. Collaborating with Forward has demonstrated that Forward's iFO forward osmosis treatment can process waste water and achieve exceptionally high recovery rates. Moreover, the recovered water also meets the high standard reuse quality metrics. Upon completing the project, Forward met or exceeded all identified key performance indicators laid out for the project. In concept, the project illustrated that, at commercial scale, water reuse could be vastly improved over current technology approaches.

C. Howie Honeyman, chief executive officer of Forward, remarked: "When our iFO technology is intelligently deployed in a commercial setting, the net result leads to the recovery and reuse of water that would otherwise be sent for disposal or delivered to a municipal sewer system. Allowing such high levels of reuse while maintaining high-quality metrics allows FWTC to realize water resources as infrastructure instead of a consumable material that gets destroyed in operations."

About Forward Water Technologies Corp.

Forward is a publicly traded Canadian company dedicated to saving the Earth's water supply using its patented forward osmosis technology. The company was founded by GreenCentre Canada, a leading technology innovation centre supported by the government of Canada. The company's technology allows for the reduction of challenging waste streams simultaneously returning freshwater for reuse or surface release. The company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial waste water, oil and gas, mining, agriculture, and ultimately municipal water supply and reuse market sectors. In addition, the company has initiated early-stage research and development for the treatment of food and beverage process streams.

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